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model s fire in the state of tennessee. phil lebeau has details on that one. phil? >> and, bill, we're still trying to get exact details about what happened with this tesla model s fire. take a look at these pictures provided to us by the tennessee highway patrol. these are shots of the model s after the fire was put out. the driver was uninjured. got out of the car. he apparently drove over a tow hitch in the road. that punctured the battery compartment. by the way, as you're looking at this, this is the third model s fire in the last six weeks. and for tesla shares, it has added to what has been a terrible couple of days. in fact, this is the worst two day drop for tesla shares in more than three years. tesla says it is sending a team of investigators to tennessee to investigate what happened. as for the federal government, the national highway traffic safety administration tells us that it will contact the local authorities who are looking into the incident to determine if there are vehicle safety implications that merit agency action. tesla has sold more than 19,000 model s vehi
, launching its own electric car. we'll get an up close look with phil lebeau coming up later on the "closing bell." opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. >>> welcome back. check out these markets. the dow jones industrial average struggling to stay above the -- well, 16,000 level, but certainly above 15,9 62. losing altitude quickly. we told you a headline from carl icahn who says basically he's expectinging a pretty good selloff in stocks. he says some earnings are a mirage and more to do with low interest rates than leadership and market demand. as soon as that headline came across the tape, the market gave up all the gains and then some. we're in negative territory and technology is rolling over the most. he says he's not walking away from a fight with apple which may very well be pressuring apple shares as well, bringing the nasdaq down. lawmakers in washington may be the reason
, phil lebeau has been saying it's all about the numbers beyond headline profits and sales figures. investors will be looking at three big things. model s delivery, 5700 of them. gross margins, look between 16% and 20%. anything higher, the stock will take off. anything lower, we could see a bit of a selloff there. then 21st century fox, reporting earnings as well. look for earnings of 37 cents a share on sales of $6.7 billion. they'll be looking to see how the cable television and movie business is for them and what it says about the rest of the business. back to you. >> media stocks in general have been red hot this year. my next guest says there's significant upside for select companies. the cable entry is undervalued. she joins me, bank of america jessica reef cohen, one of the top media consultants. and today she's naming names. good to see you. >> good to see you. >> you've been a student and leader in this industry for so long. >> thank you so much. >> what's behind the big rally in the stocks? >> the stocks have been on fire, it's true. a part of the reason for the entertai
, that would be bmw. new cla model has been on fire so far in 2013. >> our phil lebeau has been at the l.a. auto show today checking out the hottest new cars. he joins us with mercedes benz ceo steve cannon. >> thank you. we're in front of the cla because this has been red hot. tell us the type of buyer you're bringing in with the cla. >> all new buyers, conquest buyers. 80% of the those buying the cla are brand new to mercedes. trading in bmws, honda, toyotas -- >> mass market. >> that's what we were hoping for. those that sold in the 30,000 to $50,000 price point is significant. what's going on in the marketplace is you have luxury folks moving toward that point. and you have the mass manufacturers moving up. that's a battleground that's very significant. >> which brings up what happened in december, which is always huge for the luxury automakers. i was talking with one of your dealers yesterday and he said, boy, december is going to be a great month for the deals when it comes to luxury. how much more will we see this year compared to past years? >> for us it's going to be business as
. we're not flying an airplane. phil lebeau has more. >> a statement from the fcc and commissioner tom wheeler in regards to the possibility of allowing phone calls to be made on airplanes if they change the rules. he essentially says, modern technologies can deliver mobile services in the air safely and reliably. and the time is right to review our outdated and restrictive rules. technologically speaking, it may be time to review those rules. i should point this out, bill and maria. when they change the rules within the last month in terms of allowing people to use their devices below 10,000 feet, there was overwhelming evidence that people do not want other people to use cell phones on the planes. in fact, in one survey, people were more opposed to allows cell phone use than they were to allows passengers to be overintoxicated on flights. that gives you some indication of just how much people are against the idea of cell phone calls being allowed on commercial air flights. >> how would you like to be the guy that's sitting with everybody around you, using their cell phone at that tim
. anyway, more on that plus walmart has a different kind of fight on its hand. phil lebeau at a walmart worker protest. one problem, the walmart workers didn't really show up as part of the protests. a live report on that still ahead. that's mine. ♪ that's mine. ♪ that's mine. ♪ come on, kyle. ♪ [ horn honks ] that's mine...kyle. [ male announcer ] revenge is best served with 272 horses. now get the best offers of the season. current lessees with an expiring lease get this 2014 ats for around $299 a month. ♪ (announcer) scottrade knows our and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. >>> there were protests scheduled outside walmart stores across the country but the funny thing is
Search Results 0 to 5 of about 6